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DiscovEx Resources Limited ( (AU:LAT) ) has shared an update.
Latitude 66 Limited reported a productive March 2026 quarter marked by progress at its KSB gold-cobalt project in Finland and the Laverton Gold Project in Western Australia. The company lodged exploration permit applications for the K1, K2 and K3 prospects at KSB, aiming to secure tenure for ongoing development, and advanced an optimised scoping study, environmental permitting and preparation for drilling and a prefeasibility study.
The KSB Project hosts an indicated and inferred mineral resource of 7.3Mt at 2.7g/t gold and 0.08% cobalt, underpinned by a prior scoping study indicating robust project economics, and Latitude 66 has appointed a Finland-based project development manager to drive studies and permitting. In Western Australia, Phase 2 reverse circulation drilling at the Red Dog and Tin Dog prospects confirmed wide, high-grade gold mineralisation and potential for rapid resource growth, while the company strengthened its cash position to fund planned work programs by ending the quarter with $1.2m in cash and adding $2.2m through the post-quarter sale of its CNB stake.
More about DiscovEx Resources Limited
Latitude 66 Limited is an ASX-listed mineral exploration and development company focused on gold and cobalt projects in Finland and gold exploration in Western Australia. Its flagship KSB Project in Finland is a substantial high-grade gold-cobalt development asset, while the Laverton Gold Project in Western Australia targets near-surface and structurally hosted gold mineralisation in a well-established mining district.
Average Trading Volume: 404,604
Technical Sentiment Signal: Hold
Current Market Cap: A$31.81M
For a thorough assessment of LAT stock, go to TipRanks’ Stock Analysis page.